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Dollar General 2083 Keokuk St

9,100 SF Retail Building Hamilton, IL 62341 $1,736,401 CAD ($191 CAD/SF) 6.49% Cap Rate

Investment Highlights

  • Corporate Guaranty | BBB Investment Grade Tenant
  • 6.5 Years Remaining on Primary Term
  • Three (5 Year) Options | 10% Rental Rate Increase at Each

Executive Summary

Investment Highlights
* Absolute NNN Lease
* Zero Landlord Responsibilities
* 6.5 Years Remaining on Primary Term
* Three (5 Year) Options | 10% Rental Rate Increase at Each
* 4050 Average Annual Daily Traffic at US Highway 136
* Three Mile Household Income $64,000
* Ten Mile Population 38,700
* Corporate Guaranty | BBB Investment Grade Tenant
* Located on Main Thoroughfare

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2010
Price
$1,736,401 CAD
Price Per SF
$191 CAD
Cap Rate
6.49%
NOI
$112,669 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.17 AC
Opportunity Zone
Yes
Parking
31 Spaces (3.41 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot
  • Security System
  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-28-155-015
Land Assessment
$22,364 CAD
Improvements Assessment
$366,036 CAD
Total Assessment
$388,400 CAD
  • Listing ID: 33552430

  • Date on Market: 2024-10-17

  • Last Updated:

  • Address: 2083 Keokuk St, Hamilton, IL 62341

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